Effective Feature Preprocessing for Time Series Forecasting

Junhua Zhao, Zhaoyang Dong, Zhao Xu

Research output: Chapter in Book/Report/Conference proceedingBook chapterEducationpeer-review

Abstract

Time series forecasting is an important area in data mining research. Feature preprocessing techniques have significant influence on forecasting accuracy, therefore are essential in a forecasting model. Although several feature preprocessing techniques have been applied in time series forecasting, there is so far no systematic research to study and compare their performance. How to select effective techniques of feature preprocessing in a forecasting model remains a problem. In this paper, the authors conduct a comprehensive study of existing feature preprocessing techniques to evaluate their empirical performance in time series forecasting. It is demonstrated in our experiment that, effective feature preprocessing can significantly enhance forecasting accuracy. This research can be a useful guidance for researchers on effectively selecting feature preprocessing techniques and integrating them with time series forecasting models.
Original languageEnglish
Title of host publicationAdvanced Data Mining and Applications
Volume4093
Place of PublicationBerlin/Heidelberg
PublisherSpringer Verlag
Publication date2006
Pages769-781
ISBN (Print)978-3-540-37025-3
Publication statusPublished - 2006
SeriesLecture Notes in Computer Science

Cite this

Zhao, J., Dong, Z., & Xu, Z. (2006). Effective Feature Preprocessing for Time Series Forecasting. In Advanced Data Mining and Applications (Vol. 4093, pp. 769-781). Springer Verlag. Lecture Notes in Computer Science http://www.springerlink.com/content/e126853612j6kj52/